economy definition

  • noun:
    • Careful, thrifty management of resources, particularly cash, products, or labor: discovered to practice economic climate in making out of the household spending plan.
    • an illustration or results of such management; a saving.
    • the device or number of financial task in a country, area, or community: outcomes of rising prices had been believed at each degree of the economy.
    • A specific variety of economic climate: an industrial economy; a planned economy.
    • An orderly, functional arrangement of components; an organized system: "the sense there is a moral economic climate in the world, that great is rewarded and wicked is punished” ( George F. Will).
    • Efficient, sparing, or conservative use: wrote with an economy of language.
    • the lowest priced class of accommodations, specially on an airplane.
    • Theology the strategy of Jesus's government of and activity within the world.
    • efficient management of the sourced elements of a residential district or system.
    • Collective focus for the study of money, money and trade, as well as the efficient using sources.
    • Frugal usage of resources.
    • the device of production and circulation and consumption. The entire measure of a currency system; since the national economic climate.
    • the strategy of divine government worldwide.
    • Management of one’s residency.
    • The management of domestic affairs; the legislation and government of home things; specially because they worry expenditure or disbursement.
    • Orderly arrangement and handling of the interior affairs of a state or of every institution held up by production and consumption; esp., such administration as directly problems wealth.
    • The system of regulations through which something is managed; orderly system of controlling the distribution and uses of components, conceived as the result of sensible and cost-effective adaptation in writer, whether person or divine
    • Thrifty and economical housekeeping; management without loss or waste; frugality in expenditure; prudence and disposition to save.
    • identify economy.
    • The management, legislation, or direction of means or resources; specifically, the management of the pecuniary or other issues of children: as, you might be practising bad economy; their particular domestic economy needs reform.
    • For this reason A frugal and judicious using money, product, time, etc.; the avoidance of or freedom from waste or extravagance when you look at the management or using anything; frugality inside expenditure or consumption of money, products, etc.
    • control, order, or arrangement generally speaking; the personality or regulation regarding the parts or features of every organic whole; an organized system or method: because, the interior economic climate of a nation; the economy associated with work is out of joint.
    • especially— The terms of nature for the generation, nutrition, and conservation of animals and plants; the standard, unified system prior to that your features of residing pets and flowers tend to be done: as, the animal economy; the vegetable economy.
    • The useful company of a full time income human body: as, their interior economic climate is terribly deranged.
    • The legislation and disposition for the inner affairs of a situation or country, or of any department of government.
    • control; control.
    • In theology: The useful steps used in providing effect to a divine dispensation.
    • The cautious presentation of doctrine, accommodating it on thoughts and prejudices associated with the hearers: used by J. H. Newman to explain the accommodated strategy (κατ)οἰκονομίαν) of very early fathers; in a negative sense, the machine of withholding a big part of gospel doctrine in training the mass of Christians.
    • the efficient use of resources
    • frugality when you look at the spending of money or resources
    • the machine of production and distribution and consumption
    • an act of economizing; reduction in cost
  • adjective:
    • Economical or cheap to purchase or use: an economy automobile; an economy motel.
    • Cheap to operate; using minimal sources; representing value for cash.

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    • Careful, thrifty management of resources, particularly cash, products,…
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